# Kairui Electronics to invest 360 million yuan in electronic components project in Zhucheng

Kairui Electronics' 50 million electronic components project in Zhucheng, Weifang, will invest 360 million yuan, with completion expected by end of 2022 and projected sales revenue of 1.2 billion yuan.

- Type: Expansion
- Announced: 2021-08-25
- Where: Zhucheng, Weifang, Shandong, China
- Value: $56.0M (360.0M CNY)
- Starts operating: 2022
- Status: announced
- Capacity: 50 million electronic components
- Products: electronic components
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Kairui Electronics](https://endata.com/companies/57300.md)

## Sources

- [gxt.shandong.gov.cn](http://gxt.shandong.gov.cn/art/2021/8/25/art_15166_10293760.html), 2021-08-25: "凯瑞电子诸城5000万只电子元器件项目，预计建成时间2022年底，项目总投资3.6亿元，建设5000万只电子元器件项目，将实现销售收入12亿元。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.